Forecast: Import of Veneer or Ply Sheet of Tropical Woods to Germany

The import of veneer or ply sheets of tropical woods to Germany is forecasted to decline significantly from 2024 to 2028. Starting at approximately $4.72 million in 2024, the value decreases with a year-on-year decline each subsequent year, reaching about $0.35 million by 2028. The compound annual growth rate (CAGR) over this five-year period suggests an average yearly decrease of around 41.2%. This continual decrease highlights a marked shift in trade dynamics for this product.

Future trends to watch include:

  • Changes in consumer preferences towards sustainable and locally sourced materials.
  • Possible regulatory adjustments regarding tropical wood imports to promote environmental conservation.
  • Economic factors such as fluctuations in commodity prices or currency exchange rates, which could impact import costs.
  • Technological advancements in alternative materials that might reduce dependency on tropical woods.

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